China's Vice Premier Says Nation Must Fight Pollution

02/14/2011

In remarks published last week, Vice Premier Li Keqiang stressed how critical energy concerns are to China's economic and foreign policy goals and suggested that China must develop a "polluters pay" system of tax reform. Li spoke to a group of scientists and government officials in December, but the state media did not publish his remarks until last Friday. China's five-year plan, to be finalized by parliament next month, must "establish an effective system of incentives and constraints so that law-abiding businesses gain economically and law-breaking businesses pay a heavy price," said Li. The vice premier also stressed that environmental problems would dampen domestic development efforts and that dependence on coal would be detrimental to foreign policy. The release of the remarks follows reports that China may be investing as much as $1.5 trillion in low carbon industries over the next five years. For the full story, see http://www.reuters.com/article/2011/02/11/us-china-energy-pollution-idUSTRE71A0PI20110211. For the story on China's low carbon investments, see http://www.businessgreen.com/bg/news/2023549/china-low-carbon-heart-plan.